Update
Navitas Selected by U.S. Army for Next-Generation Power Semiconductors
Navitas has seen a significant rise in its stock price of over 20% after the U.S. Army selected the company to develop next-generation 10 kV silicon carbide (SiC) power semiconductors. The Army's involvement is expected to help fund the most challenging manufacturing step, while Navitas is already on the $NVDA 800V HVDC roadmap, positioning it for the next wave of AI power infrastructure.